Question

what is per capita income

Answer 1

Heya

Here is your answer

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Per capita income is the average income of the  people in a country and it can be calculated by  dividing national income by the total population  living in the country.

Drawbacks:

 Per capita income does not show the real  growth of an economy because it does not  consider various issues like health education  and literacy.

 It hides differences-It does not tell us how  this income is distributed among the people.

 Production of some goods does not add to the  economic welfare of the country eg: Tobacco,  arms.

 It ignores non-market transaction-It does not  include goods whose statically value cannot  be computed. Eg: service of house wife,  social worker.

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Hope this helped!!!

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#BeBrainly

Answer 2

The total national income divided by number of people in the nation.